Description
IKF Finance Limited announces part redemption of debentures with record date December 12, 2025, reducing face value to Rs. 41,667 per debenture.
Summary
IKF Finance Limited has announced part redemption of its non-convertible debentures along with interest payment. The record date is set as December 12, 2025. Following the redemption, the debentures will trade with a reduced face value of Rs. 41,667 per debenture effective from December 12, 2025.
Key Points
- Company: IKF Finance Limited
- ISIN: INE859C07162
- Scrip Code: 975569
- Security: ifl-9.95%-27-3-27-pvt
- Record Date: December 12, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 41,667 per debenture
- Effective Date: December 12, 2025
- Settlement Number: DR-776/2025-2026
Regulatory Changes
No regulatory changes announced. This is a corporate action notification.
Compliance Requirements
- Trading members must note that trading in the debentures will be with reduced face value effective from December 12, 2025
- Members should update their systems to reflect the new face value of Rs. 41,667 per debenture
Important Dates
- Notice Date: December 8, 2025
- Record Date: December 12, 2025
- Effective Date for Reduced Face Value: December 12, 2025
- Settlement Number: DR-776/2025-2026
Impact Assessment
Market Impact: Medium - Affects debenture holders of IKF Finance Limited. The part redemption will reduce the outstanding face value of debentures, impacting the debt position of the company.
Investor Impact: Debenture holders will receive part redemption proceeds along with interest payment. Post-redemption, the face value per debenture will be reduced to Rs. 41,667.
Trading Impact: Trading members need to ensure their systems reflect the reduced face value from December 12, 2025, to avoid settlement issues.
Impact Justification
Standard corporate action affecting debenture holders of IKF Finance Limited with specific record date and face value reduction